AR3 vs IXR
AR3 overburdden to IAC thickness interval == 8~9 : 1~2 (early days yet ............................)
IXR overburdden to IAC thickness interval == 3~4 : 9 (on average, with some intervals up to 28 m)
The strip ratio to resource is in IXRs favour and I do like that they acquired Seren Tech. If they get Seren's low risk option going first (recycling magnets) in the UK - diversify the risk of doing business in Uganda.
AR3 resource seems quite narrow atm - and someone has previously mentioned that calcium content will adversely effect the desorption process. Anyway these are my initial thoughts, more reading/research before I invest in either IXR or AR3 (if resource sures up) ..........................
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AR3
australian rare earths limited
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Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 11.5¢ | $85.79K | 676.5K |
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No. | Vol. | Price($) |
---|---|---|
3 | 110000 | 12.0¢ |
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Price($) | Vol. | No. |
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13.0¢ | 63774 | 4 |
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No. | Vol. | Price($) |
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2 | 60000 | 0.120 |
3 | 84218 | 0.115 |
2 | 18090 | 0.110 |
1 | 23809 | 0.105 |
3 | 105005 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 63774 | 4 |
0.135 | 229487 | 3 |
0.140 | 130000 | 2 |
0.145 | 46930 | 1 |
0.150 | 267800 | 5 |
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